US MIDDAY: sugar rises

25 Nov, 2010

Sugar futures rose on trade and fund buying early on Wednesday, while coffee and cocoa consolidated as US data allayed some concern about economic growth. ICE March raw sugar stood 0.36 cent or 1.3 percent higher at 27.69 cents a lb at 1526 GMT. ICE markets will be shut on Thursday for the US Thanksgiving holiday.
ICE March arabicas traded at $2.0785 per lb, down 2.7 cent or 1.3 percent. ICE cocoa futures inched higher in light volumes with second-month March up $1 or 0.04 percent at $2,805 per tonne in thin volume of 3,841 lots.

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